2024
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Dec 9
PBGC Approves SFA Application for GCIU Pressroom Unions' Plan
GCIU Pressroom Unions' Plan Averts Insolvency and Reduction of Benefits Through Receipt of Special Financial Assistance
WASHINGTON — The Pension Benefit Guaranty Corporation (PBGC) announced today that it has approved the application submitted to the Special Financial Assistance (SFA) Program by the Graphic Communications International Union Pressroom Unions' Pension
- Press Release: 24-046
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Dec 3
PBGC to pay pension benefits for St. Joseph Health Services workers & retirees
WASHINGTON — The Pension Benefit Guaranty Corporation (PBGC) is taking steps to assume responsibility for the St. Joseph Health Services of Rhode Island Retirement Plan (St. Joseph Pension Plan), which covers about 2,500 current and future retirees. St. Joseph Health Services was a not-for-profit corporation that operated a hospital in Providence, Rhode Island.
- Press Release: 24-045
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Nov 27
PBGC Approves SFA Application for Teamsters Local 1034 Fund
Teamsters Local 1034 Fund Averts Insolvency and Reduction of Benefits Through Receipt of Special Financial Assistance
WASHINGTON — The Pension Benefit Guaranty Corporation (PBGC) announced today that it has approved the application submitted to the Special Financial Assistance (SFA) Program by the International Brotherhood of Teamsters Local 1034 Pension Fund (Teams
- Press Release: 24-044
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Nov 27
PBGC Approves SFA Application for CIC Lumber Industry Plan
CIC Lumber Industry Plan Averts Insolvency and Reduction of Benefits Through Receipt of Special Financial Assistance
WASHINGTON — The Pension Benefit Guaranty Corporation (PBGC) announced today that it has approved the application submitted to the Special Financial Assistance (SFA) Program by the Carpenters Industrial Council Lumber Industry Pension Plan (CIC Lumbe
- Press Release: 24-043
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Nov 25
PBGC approves 100th SFA application: ILWU Employers' - Warehousemen's Plan
ILWU Employers' - Warehousemen's Plan Averts Insolvency and Reduction of Benefits Through Special Financial Assistance
WASHINGTON — The Pension Benefit Guaranty Corporation (PBGC) announced today that it has approved the application submitted to the Special Financial Assistance (SFA) Program by the International Longshore and Warehouse Union Employers' - Warehousemen
- Press Release: 24-042
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Nov 19
PBGC Approves SFA Application for UFCW Local 360 Labor-Management Plan
UFCW Local 360 Labor-Management Plan Preserves Benefits Through Receipt of Special Financial Assistance
WASHINGTON — The Pension Benefit Guaranty Corporation (PBGC) announced today that it has approved the application submitted to the Special Financial Assistance (SFA) Program by the United Food and Commercial Workers International Union, Local 360 Lab
- Press Release: 24-041
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Nov 18
PBGC Releases FY 2024 Annual Report
Financial Positions Continue to Grow Stronger in PBGC Insurance Programs
WASHINGTON, D.C. — The Pension Benefit Guaranty Corporation (PBGC) today released its Fiscal Year (FY) 2024 Annual Report.
- Press Release: 24-040
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Nov 1
PBGC Approves SFA Application for I.B.E.W. Pacific Coast Fund
I.B.E.W. Pacific Coast Fund Preserves Benefits Through Receipt of Special Financial Assistance
WASHINGTON, D.C. — The Pension Benefit Guaranty Corporation (PBGC) announced today that it has approved the application submitted to the Special Financial Assistance (SFA) Program by the I.B.E.W. Pacific Coast Pension Fund (I.B.E.W.
- Press Release: 24-039
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Nov 1
PBGC Approves SFA Application for UFCW Tri-State Plan
UFCW Tri-State Plan Averts Insolvency and Reduction of Benefits Through Receipt of Special Financial Assistance
WASHINGTON, D.C. — The Pension Benefit Guaranty Corporation (PBGC) announced today that it has approved the application submitted to the Special Financial Assistance (SFA) Program by the United Food and Commercial Workers Union and Participating Food
- Press Release: 24-038
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Nov 1
PBGC Approves SFA Application for Marine Carpenters Fund
Marine Carpenters Fund Averts Insolvency and Reduction of Benefits Through Receipt of Special Financial Assistance
WASHINGTON, D.C. — The Pension Benefit Guaranty Corporation (PBGC) announced today that it has approved the application submitted to the Special Financial Assistance (SFA) Program by the Pension Plan of the Marine Carpenters Pension Fund (Marine Carp
- Press Release: 24-037
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Nov 1
PBGC Approves SFA Application for Teamsters Local 111 Plan
Teamsters Local 111 Pension Plan Averts Insolvency and Reduction of Benefits Through Receipt of Special Financial Assistance
WASHINGTON, D.C. — The Pension Benefit Guaranty Corporation (PBGC) announced today that it has approved the application submitted to the Special Financial Assistance (SFA) Program by the Local 111 Pension Plan (Teamsters Local 111 Plan).
- Press Release: 24-036
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Oct 23
PBGC Approves SFA Application for Midwestern Teamsters Plan
Midwestern Teamsters Pension Plan Averts Insolvency and Reduction of Benefits Through Receipt of Special Financial Assistance
WASHINGTON, D.C. — The Pension Benefit Guaranty Corporation (PBGC) announced today that it has approved the application submitted to the Special Financial Assistance (SFA) Program by the Midwestern Teamsters Pension Plan (Midwestern Teamsters Plan).
- Press Release: 24-035
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Oct 17
PBGC Approves SFA Application for Detroit Carpenters Fund
Detroit Carpenters Fund Averts Insolvency and Reduction of Benefits Through Receipt of Special Financial Assistance
WASHINGTON, D.C. — The Pension Benefit Guaranty Corporation (PBGC) announced today that it has approved the application submitted to the Special Financial Assistance (SFA) Program by the Carpenters Pension Trust Fund – Detroit & Vicinity (Detroit
- Press Release: 24-034
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Sep 26
PBGC seeks nominations for Advisory Committee
Members needed to represent employers and the general public
WASHINGTON, D.C. — The Pension Benefit Guaranty Corporation (PBGC) invites interested parties to submit nominations by October 28, 2024, for three seats on the agency’s Advisory Committee.
- Press Release: 24-033
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Sep 10
PBGC Approves SFA Application for Sanitation Union Local 813 Plan
Sanitation Union Local 813 Plan Preserves Benefits Through Receipt of Special Financial Assistance
WASHINGTON, D.C. — The Pension Benefit Guaranty Corporation (PBGC) announced today that it has approved the application submitted to the Special Financial Assistance (SFA) Program by the Pension Plan Private Sanitation Union, Local 813 I.B. of T.
- Press Release: 24-032
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Sep 10
PBGC Approves SFA Application for Teamsters Local 469 Plan
Teamsters Local 469 Pension Plan Averts Insolvency and Reduction of Benefits Through Receipt of Special Financial Assistance
WASHINGTON, D.C. — The Pension Benefit Guaranty Corporation (PBGC) announced today that it has approved the application submitted to the Special Financial Assistance (SFA) Program by the Teamsters Local Union No.
- Press Release: 24-031
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Sep 10
PBGC Approves SFA Application for IBEW Local 226 Fund
IBEW Local 226 Fund Preserves Benefits Through Receipt of Special Financial Assistance
WASHINGTON, D.C. — The Pension Benefit Guaranty Corporation (PBGC) announced today that it has approved the application submitted to the Special Financial Assistance (SFA) Program by the Local Union No.
- Press Release: 24-030
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Sep 3
President names three new members to PBGC Advisory Committee
WASHINGTON, D.C. – President Joseph R. Biden, Jr. recently appointed three new members to serve on the Advisory Committee of the Pension Benefit Guaranty Corporation (PBGC):
- Press Release: 24-029
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Aug 30
PBGC celebrates 50 years of pension protection
WASHINGTON, D.C. – Established on September 2, 1974, the Pension Benefit Guaranty Corporation (PBGC) is celebrating 50 years of safeguarding the retirement incomes of millions of America’s workers, retirees, and their families.
PBGC was created by the Employee Retirement Income Security Act of 1974 (ERISA) and has continued to be a cornerstone in the protection of private-sector defined-benefit pension plans.
- Press Release: 24-028
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Aug 16
PBGC Approves SFA Application for Newspaper Drivers Local 473 Plan
Newspaper Drivers Local 473 Plan Averts Insolvency and Reduction of Benefits Through Special Financial Assistance
WASHINGTON, D.C. — The Pension Benefit Guaranty Corporation (PBGC) announced today that it has approved the application submitted to the Special Financial Assistance (SFA) Program by the Retirement Benefit Plan of the Newspaper and Magazine Drivers,
- Press Release: 24-027
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